Acknowledgements

Preparing a project of this nature is an arduous task and I was fortunate enough to get support from a large number of people to whom I shall always remain grateful. I would like to express my gratitude to Tong Singh Light Industrial Corporation Limited for allowing me to undertake this project. I would like to take this opportunity to thank Mr. Shahezad Ansari, Human Resource Manager for providing me with an opportunity to work for Tong Singh Light Industrial Corporation Limited. I wish to pay my heartfelt gratitude Mrs. Preeti Singh Sharma, Faculty member of Asian Business School, for the valuable advice, guidance, precious time and support she offered. Last but not the least, I would also like to thank all the respondents for giving me their precious time, relevant information and advice without which I would not be able to complete this project.

Executive Summary
Performance appraisal is the systematic, periodic and an impartial rating of an employees excellence in matters pertaining to his present job and his potential for a better job. This is done by evaluating the employees performance with the past and present context during their work period. The appraisal measures skills and accomplishments with reasonable accuracy and uniformity. It provides a way to help identify areas for performance enhancement and to help promote professional growth. It should not, however, be considered the supervisor's only communication tool. In this project, it has been shown; how the performance appraisal is done in the Tong Shang Light Industrial Corporation Limited with taking all the considerations needed for the better human resource appraisal.

Chapter 1.0: Introduction and Overview

1.1 Introduction: Company

This company is registered in year 1998 as a manufacturing company for the making of home appliances and other products. This company manufacture wire mesh metal wire, metal wire mesh, expanded and perforated metal, metal conveyor belt, metal wire mesh machines. Double Wire Fence, Mesh Fence Euro Fence Field Fence, Frame Fence, Garden Fence, Temporary Fence, Sports Ground Fence Iron Fence, Fence Post are manufactured by the company. Stainless Steel Wire, Mesh Brass Wire, Mesh Chain link, Concrete Reinforcement Mesh, Crimped Wire Mesh, Expanded metal Fiberglass Mesh, Gabion Mesh, Perforated metal Square hole Mesh, Steel Bar Grating Welded Wire Mesh, and Black Wire Cloth Window Screening Nails Series are the major products made by the company. This company also supplies the hardware products such as steel pipe, pipe fitting and so on. In this company, there are 51-100 employees working with business markets in different part of the countries like South East Asia, South Asia, North America, etc. Quality Quality is the top priority at this facility. They provide products to the customers with reliability. Training They understand how important quality and reliability are to the customers business. So, they with periodic reassessments based on the customers specific needs lead to continuous improvement.

1.1 Research Objective

The present study is principally aimed to ascertain the effectiveness of Performance Appraisal methodology used by the organization.

Chapter 2.0: Review of Literature on Performance Appraisal

Once the employee has been selected, trained and motivated, he/she is then appraised for his performance. Performance Appraisal is the step where the management finds out how effective it has been at hiring and placing employees. If any problems are identified, steps are taken to communicate with the employee and remedy them. According to Flippo Performance appraisal is the systematic, periodic and an impartial rating of an employees excellence in matters pertaining to his present job and his potential for a better job. It is the process of evaluating an employees performance in terms of its requirements. From the definitions we can conclude that performance appraisal is method of evaluating the behavior of employees in the work spot, normally including both the quantitative and qualitative aspects of job performance. It is a systematic and objective way of evaluating both work-related behavior and potential of employees. It emphasizes individual development. Now it is used for evaluating the performance of all the human resources working at all levels of organization and of all types. It evaluates the performance of technical, professional, and managerial staff.

Chapter 3.0: Research Design

3.1: Research Design

A research design is a type of blueprint prepared on various types of blueprints available for the collection, measurement and analysis of data. A research design calls for developing the most efficient plan of gathering the needed information. The design of a research study is based on the purpose of the study. A research design is the specification of methods and procedures for acquiring the information needed. It is the overall pattern or framework of the project that stipulates what information is to be collected from which source and by what procedures.

3.2: Sampling
An integral component of a research design is the sampling plan. Specifically, it addresses three questions Whom to survey (The Sample Unit) How many to survey (The Sample Size) How to select them (The Sampling Procedure) Making a census study of the whole universe will be impossible on the account of limitations of time. Hence, sampling becomes inevitable. A sample is only a portion of the total employee strength. According to Yule, a famous statistician, the object of sampling is to get maximum information about the parent population with minimum effort.

Research Methodology Adopted

Research Design: Descriptive Research Research Instrument: Structured Questionnaire

Sampling Plan i. Sample Method: Non-Probability Sampling (Convenience Sampling)

Sampling Design Convenience Sampling, as the name implies is based on the convenience of the researcher who is to select a sample. Respondents in the sample are included in it merely on account of their being available on the spot where the survey was in progress.

Source of Data a) Primary Data: Structured Questionnaire b) Secondary Data: Journals, Booklets, Company Data, etc.